IFS report- how to make numbers say what you want
Andy Cooke on Political Betting has written a very well argued critique at post 168 of this thread of the IFS report about whether the budget hit rich people or poor people hardest. His starting comment is " 168. I’ve had more of a poke around the IFS report. It’s an impressive example of how to present facts to support whatever case you want to make." and his conclusion is "It’s intriguing how they’ve taken an analysis that shows that the Budget is definitely progressive up until 2012 and managed to present it as “regressive”. Main points from his argument: * Appendix A of the report shows the Budget effects without their admittedly uncertain estimates of the effects of renewed DLA testing and the Housing Benefit effects, as well as the Tax Credit changes. "If you pretend that Osborne had no power to change Darling’s pre-announced changes (that they are binding on him and were the baseline), then the blue bars are what you’ll concentrate on. If you want to see t...